This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act

or other standards

acceptable to ASX (see note 5).

2

This statement does give a true and fair view of the matters disclosed.

Sign here:

............................................................

Date: ..25/01/2013.....

(Company secretary)

Print name:

Miles Guy

Appendix 5B Mining exploration entity quarterly report

+ See chapter 19 for defined terms.

Appendix 5B Page 6

17/12/2010

Notes

1

The quarterly report provides a basis for informing the market how the entity'sactivities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

2

The "Nature of interest" (items 6.1 and 6.2) includes options in respect ofinterests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

3

Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities

.

4

The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.

5

Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.